Mutual Trend Analysis Report
Prepared for you on Tuesday, October 23, 2018.
FT 6132: MUNI ADVANTAGE CLOSED-END & ETF PORTFOLIO SERIES 36 (NASDAQ:FRPIOX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for FRPIOX
The long term trend has been UP since May 29th, 2018 at 8.8002
The intermediate term trend has been UP since May 25th, 2018 at 8.7530
The short term trend has been UP since Jun 15th, 2018 at 8.7266
Smart Scan Analysis for FRPIOX
Based on a pre-defined weighted trend formula for chart analysis, FRPIOX scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||9.13||52wk High Date||2017-09-14|
|52wk Low||8.69||52wk Low Date||2018-04-19|
|Year End Close||8.9811||Payment Date||2018-06-25|